#IslamicCoin and #HAQQnetwork are delighted to unveil a groundbreaking element of the HAQQ universe: the HAQQ Wallet.

Drawing from the formidable infrastructure of HAQQ, the HAQQ Wallet acts as your portal to the realm of Islamic Decentralized Finance (DeFi). By fusing tradition and technology, the HAQQ Wallet offers a compelling solution for individuals eager to engage with financial instruments in accordance with the principles of Islamic finance.

In our quest to preserve the ethical foundations of Islamic finance in this digital era, the HAQQ Wallet ensures Shariah compliance via a secure, user-friendly interface. This article will explore its unique features, such as the streamlined operation and the Shariah Oracle, both meticulously designed to ensure secure, accessible, and Shariah-compliant transactions within Islamic DeFi.

Why Did We Develop the HAQQ Wallet?

As we immersed ourselves in the mission of ensuring Shariah-compliant interactions with HAQQ, it became clear that existing on-chain wallet solutions neither addressed the needs of ethical investors nor met the standards of Shariah compliance. Our challenge was to create a Shariah-compliant wallet while avoiding the conversion of our permissionless network into a permissioned one, which could potentially hamper our ecosystem's growth. This balance is essential given the inherent permissionless nature of a blockchain network.

Our solution came in the form of the Shariah Oracle. This on-chain registry of approved smart contracts, featuring two levels of approval - community and Shariah approval, offered the balance we were seeking. It ensured Shariah compliance in our Islamic DeFi platform without infringing on the permissionless nature of our network. The creation of the Shariah Oracle illuminated the need for a unique wallet, resulting in the development of the HAQQ Wallet.

Unpacking the HAQQ Wallet Design & Features

Traditional crypto wallets primarily catered to a limited audience - the crypto-savvy. However, the HAQQ Wallet, with its goal of an inclusive Islamic DeFi landscape, extends its reach to serve the 1.9 billion Muslims worldwide. We engineered the HAQQ Wallet to be intuitive for all users, from beginners to experienced crypto traders.

Mnemonic handling, a common feature in crypto wallets, often poses a daunting task for users. Yet, the HAQQ Wallet introduces a revolutionary change by simplifying this process with a user-friendly login setup. Users can easily link their existing social provider accounts, and a subsequent layer of security is added by requiring a pin code, thus achieving a balance between user convenience and account security.

The innovative approach of HAQQ Wallet also addresses account security strategy, embodying the ethos of decentralization inherent in our Islamic DeFi community. By leveraging modern cryptographic principles like secret sharing, HAQQ Wallet ensures that control of private keys remains with the user, reinforcing user ownership and upholding the principles of decentralization ingrained in cryptocurrencies.

We've also incorporated a robust mechanism to restore account access, ensuring users' asset security remains uncompromised. Even in challenging scenarios, users can regain access to their accounts. This comprehensive approach to security provides peace of mind to our users as they navigate the volatile crypto markets.

HAQQ Wallet Security & the Shariah Oracle

Understanding the need for bolstered security, the HAQQ Wallet plans to integrate with Ledger devices. This partnership will offer HAQQ Wallet users an additional layer of protection through hardware-based key management and secure transactions. While the official partnership is yet to be announced, the HAQQ Wallet is in the process of incorporating the Keystone Wallet into our system, aiming to further enhance the wallet's security features.

Central to the HAQQ Wallet is the Shariah Oracle. Its integration within the HAQQ Wallet creates a robust line of defense against potential malicious activities as it serves as an on-chain registry of approved smart contracts. Leveraging the power of community and Shariah approval levels, it ensures that user interactions align with their desired level of compliance within the Islamic DeFi framework.

Looking at governance, the dApp approval process consists of two levels: Community and Shariah approval. Any community member can propose community-level approval for their smart contract. Following a proposal through the default governance system on the Cosmos level, the community votes. If the majority approves, the smart contract receives community-level approval. This shields users from potential malicious transactions, aligning them with ethical finance requirements.

HAQQ Wallet allows users to select their preferred level of approval, either community or Shariah. This feature aligns user transactions with their specific compliance requirements, empowering them to make informed decisions and evaluate the compliance level of their transactions.

In the near future, HAQQ Wallet plans to establish a marketplace within its ecosystem. Smart contracts that have obtained community and/or Shariah approval can list their services in this marketplace, creating a hub of Shariah-compliant and trusted offerings within our Islamic DeFi platform. Users can explore these listings with confidence, knowing they adhere to the Shariah compliance standards set by the HAQQ.

Conclusion

The HAQQ Wallet blends the principles of Islamic finance with the innovations of DeFi, addressing a significant need within the global Muslim community. With its user-friendly interface, distinctive features like the Shariah Oracle, and robust security mechanisms, it is set to make Islamic DeFi accessible and ethically compliant for everyone, regardless of their crypto expertise.

As we prepare for partnerships with Ledger and Keystone Wallet and with the integration of an upcoming marketplace of Shariah-compliant offerings, the HAQQ Wallet is more than just a wallet—it's an evolving ecosystem fostering user engagement in the Islamic #DeFi space. Create a HAQQ Wallet today and join us on our journey to bring Islamic Finance to the world.

#BTC #Ethereum

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In a significant leap towards advancing ethical decentralized finance (DeFi), HAQQ Shell has seamlessly integrated the Keplr Wallet into its blockchain platform. This collaboration not only bridges user-friendly features with a Shariah-compliant framework but also empowers users to engage with blockchain technology while upholding their values. The integration not only streamlines cryptocurrency management and participation in the Cosmos interchain ecosystem but also reflects a joint commitment to a secure and all-encompassing blockchain future.

Empowering Ethical Users in the Cosmos Ecosystem

The integration of Keplr Wallet with HAQQ Shell's blockchain platform underscores a shared dedication to empowering users within the Cosmos network. Keplr Wallet's user-centric features, meticulously designed for smooth user interaction, align seamlessly with HAQQ Network's ethos of enabling accessible and ethical participation in the blockchain domain.

By supporting Keplr Wallet, HAQQ Shell bridges two essential aspects of the blockchain ecosystem: its mission to uphold Islamic ethical finance principles and Keplr's dedication to providing an exceptional user interface for Cosmos-SDK based blockchains. This synergy promises significant advantages for users of both platforms.

Strengthening the Ethical Finance Landscape

The integration offers users a seamless gateway to engage in decentralized finance while staying true to their ethical principles. Keplr Wallet's capabilities in multichain support, staking, and hardware wallet security synergize harmoniously with HAQQ Shell's scalable and Shariah-compliant framework. This amalgamation results in an all-inclusive environment that empowers users to navigate the blockchain landscape with confidence.

Enhanced Security and Accessibility

Furthermore, Keplr Wallet's multifaceted features, including multichain management, staking, voting, and dApp connectivity, contribute an additional layer of accessibility and security to the HAQQ ecosystem. This translates to an augmented experience for HAQQ Network users, enabling them to engage with assurance while maintaining their ethical values.

Expanding the Horizons of Cosmos Ecosystem

For Keplr Wallet, this integration serves as a gateway to expand its reach within the Cosmos interchain ecosystem. By tapping into the HAQQ ecosystem, Keplr gains the opportunity to cater to a wider community of users seeking Shariah-compliant options. This endeavor aligns seamlessly with Keplr's commitment to enriching the Cosmos experience.

Beyond its technological implications, this partnership embodies the essence of decentralized ethical finance. It embraces core values such as transparency, trust, and community, which are foundational to both HAQQ Shell and Keplr Wallet.

In conclusion, the integration of Keplr Wallet into HAQQ Shell's blockchain platform marks a significant stride towards ethical DeFi, where users can engage with blockchain technology without compromising their values. This collaboration not only enhances the cryptocurrency landscape within the Cosmos interchain ecosystem but also reinforces the shared commitment to a secure and inclusive blockchain future.

#IslamicCoin #DeFi #Crypto2023 #Web3 #HAQQ

#HAQQ Ecosystem Update.

Haqq and Islamic Coin mission is to build an ethics-first, inclusive financial system, and we are thrilled by how much our tribe has grown.

From wallets to infrastructure and payment platforms, a sneak peek into what the partners/builders are cooking for our users.

✅Infrastructure:

🔷Back9 make it easy for leisure facilities to sell online, manage inventory and control rates through a modern.

🔷@tatum_io is the fastest way to build, test and run blockchain apps.

🔷@immunefi Review code. Prevent hacks. Build rep. Get paid.

🔷@P2Pvalidator P2P helps investors compound their cryptocurrency investments through non-custodial Staking with insurance and high-performance PoS Nodes with top-of-the-line infrastructure.

🔷@nefta_io access market leading tools for game development, publishing, and scaling.

🔷@gmo_coin GMO Coin, one of the oldest and largest crypto exchanges in, is set to become a HAQQ validator. HAQQ benefits in increased network security. GMO Coin can expand its presence in the ethical finance economy

✅Wallets:

🔷@safe – Previously Gnosis Safe – Crypto wallet, web3 account abstraction developer stack.

🔷@KeystoneWallet - The only hardware wallet integrated with MetaMask mobile.

DeFi:

🔷@SushiSwap an open, decentralized bridge that unlocks the power of interoperability & liquidity between blockchain ecosystems.

🔷@HaqqPad, the launchpad for ethical projects and startups. A vital part of the HAQQ ecosystem, HaqqPad will be the platform for innovative crypto projects to launch, grow and positively impact their communities.

✅Bridge:

🔷@axelarcore supports logic to automate complex interchain tasks, such as connecting new chains or managing interchain dApp deployments.

🔷@gravity_bridge an open, decentralized bridge that unlocks the power of interoperability & liquidity between blockchain ecosystems

✅Service:

🔷@HolidaySwapApp is the most affordable travel platform that allows you to book, host or swap homes anywhere in the world.

🔷@Thea helps both individuals and businesses manage and calculate carbon footprints. Eco-friendliness is a core aspect of HAQQ's ethics-first approach, and we are thrilled to have Thea build with us.

✅Institutional:

🔷DDCAP Group is a market intermediary and financial technology solutions provider connecting the global Islamic financial market.

🔷FAMBRAS HALAL - Сertifies Halal products in Latin America, following international standards.

✅Payments:

🔷@pyypl is a non-bank digital app that gives everyone access to the financial system through a smartphone.

#IslamicCoin #Binance #Ethereum #BTC

In the dynamic world of cryptocurrencies, a groundbreaking development is set to emerge, poised to revolutionize Islamic finance: Islamic Coin (ISLM). This Sharia-compliant digital currency, scheduled for release on September 1, 2023, has already garnered substantial attention and funding, making it a cryptocurrency worth watching closely.

A Unique Offering for a Global Market

Islamic Coin enters the cryptocurrency scene with a unique proposition - it's the first digital currency to fully adhere to the principles of Sharia law. Developed by the Haqq Blockchain, ISLM is designed to cater to the values of practicing Muslims, a market estimated to encompass over 1.2 to 2 billion individuals worldwide.

Sharia compliance in the financial realm translates into a commitment to ethical principles such as profit-sharing, clear contract terms, and avoiding activities resembling gambling or speculation. Moreover, ISLM ensures that the underlying businesses are socially responsible, promoting societal well-being and environmental sustainability. This alignment with Islamic values sets the stage for ISLM's role in reshaping how financial transactions occur within the Muslim community.

Challenges and Opportunities

While the potential market for Islamic Coin is substantial, it's important to acknowledge potential challenges. Recent studies suggest a shifting landscape in certain regions, where ties to Islam are loosening, especially among the younger generation. This raises questions about whether the Sharia-compliant nature of the coin will be sufficient to attract widespread adoption.

Expert opinions vary, with some believing that ISLM needs to demonstrate significant utility beyond its alignment with Islamic law to gain traction. Like Bitcoin, its appeal may extend beyond the religious aspect. Dr. Anas Iqtait, an expert on Islamic Finance, emphasizes the importance of harnessing the crypto sector's potential growth, highlighting the Middle East's role in this endeavor.

The Path Forward: Technology and Vision

Islamic Coin operates on the Haqq blockchain, an "ethical Web3" that emphasizes autonomy, immutability, and decentralization. Powered by a proof-of-stake (PoS) mining mechanism, ISLM ensures energy efficiency, contrasting with the high energy consumption associated with Bitcoin's proof-of-work approach.

The coin's total supply, according to the ISLM whitepaper, will reach 100 billion tokens, with gradual reductions over time to create scarcity, value, and prevent excessive inflation. The emission rate will decrease by 5% every two years, leading to a capped total 100 years from its inception.

A Pillar of Stability for a Changing World

In the words of ISLM Co-Founder Mohammed Alkaff, Islamic Coin is poised to deliver a "pillar of stability, intertwined with values that are future-proof in a changing world." By integrating with 20 payment firms in the Middle East and North Africa (MENA) region by Q4 2023, the project is making strides toward establishing its presence.

While ISLM's potential to rival Bitcoin remains uncertain, its unique combination of Sharia compliance, ethical financial practices, and cutting-edge blockchain technology holds promise. The journey ahead involves not only competing with established Islamic financial institutions but also navigating diverse opinions within the Muslim community.

As Islamic Coin seeks to reshape the landscape of Islamic finance, the cryptocurrency world is watching closely to see if it can transcend the realm of a hopeful contender and emerge as a pioneering force in the global crypto market.

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#IslamicCoin #IslamicFinance #Crypto2023 #DeFi #Web3

Find more: https://islamiccoin.net/

Cryptocurrency airdrops have become a popular way for blockchain projects to distribute tokens to their community members. Islamic Coin,a promising project with a strong focus on community engagement,is no exception. To maximize your chances of earning an Islamic Coin airdrop,consider the following tips and strategies:

1. Active Social Media Presence:

- Follow Islamic Coin on all their social media platforms,including Twitter,Discord,Telegram,Instagram and more. Turn on post notifications to stay updated on the latest announcements.

2. Engage Regularly:

- Actively participate in discussions on Islamic Coin's social media channels.Liking,retweeting and commenting on their Twitter posts,as well as reacting to their Medium articles and Instagram posts,can demonstrate your genuine interest in the project.

3. Weekly Activities:

- Join and actively participate in the Islamic Coin Telegram group chat and Discord community. Many airdrops reward users who engage frequently,so aim to meet the weekly engagement target,typically around 50 messages per week.

4. Maximize Your Presence:

- Add the '$ISLM' Maxi tag to your Twitter bio to show your support for Islamic Coin. Additionally,consider adding (💚,🌙) to your Twitter name for extra visibility.

5.Become an Ambassador:

- Explore the possibility of becoming an Islamic Coin Ambassador.Ambassadors often receive special rewards and recognition for their efforts in promoting the project.

6. Join the Islamic Coin Guild:

- Consider joining the Islamic Coin Guild on platforms like Guild.xyz, where you can connect with other enthusiasts and potentially discover more opportunities for involvement.

7. Off-chain Activities:

- Participate in off-chain activities,such as liking and retweeting posts,which are often part of the airdrop requirements.These small actions can accumulate and increase your chances.

8. On-chain Activities:

- Explore on-chain activities like claiming your share of TestEdge2 $ISLM tokens,making more than ten transactions on the Testnet,staking $ISLM and even becoming a Validator of HAQQ Network if you're technically inclined.

9. Stay Informed:

- Keep an eye on Islamic Coin's official announcements for updates on airdrop distribution timelines and eligibility criteria. Staying informed is crucial to ensure you meet all requirements.

10. Hold Islamic Coin OATs on Galxe:

- Holding Islamic Coin OATs on the Galxe platform can be advantageous,as it aligns with the project's ecosystem and may increase your chances of receiving airdropped tokens.

Remember that participating in airdrops often requires patience and dedication.Crypto projects like Islamic Coin value community engagement and reward those who actively contribute to their growth. By following these tips and actively engaging with the project, you can maximize your chances of earning an Islamic Coin airdrop and becoming a part of this exciting crypto journey.

For more information visit https://islamiccoin.net

#crypto2023 #airdrop #IslamicCoin #HAQQ #crypto

Shariah Oracle: Bridging the Gap Between Blockchain and Halal Certificates

Introduction

The Shariah Oracle is a groundbreaking on-chain registry of Halal Certificates designed to ensure Sharia-compliant interaction within the HAQQ network. Serving as an essential component of the HAQQ Wallet, the Oracle maintains a whitelist of smart contracts, granting access to only verified dApps. By doing so, it allows developers to showcase their ethical relevance to Muslim users and gain entry to the HAQQ Wallet marketplace.

Understanding Oracles and Their Role

Oracles play a crucial role in decentralized applications (dApps) by bridging the gap between on-chain and off-chain worlds. They retrieve data from external sources and provide it to smart contracts, facilitating automated execution. Oracles use various methods, such as API calls, distributed ledger data, consensus-based algorithms, and trusted data sources to ensure the reliability and accuracy of the data fed to smart contracts.

The Shariah Oracle and its Purpose

The Shariah Oracle is a vital tool in curbing unethical or Haram activities within the HAQQ network. It achieves this by permitting access only to Sharia-compliant dApps, thereby enabling developers to demonstrate their ethical commitment to Muslim users and feature their products and services in the HAQQ Wallet marketplace.

How Does the Shariah Oracle Work?

The Shariah Oracle operates through two levels of approval: Community approval and Shariah board approval. Community approval involves ISLM stakers voting on proposals for listing projects in the HAQQ Wallet Marketplace. Shariah Board approval grants a Shariah Compliant label to projects after an audit process by the board. Additionally, the Oracle features a warning system that alerts users when they attempt to sign transactions with non-community-approved contracts, bolstering the HAQQ Network's security.

Maintaining Decentralization in the Shariah Oracle

Despite its Shariah Compliance feature, the HAQQ Network remains decentralized. The Shariah Oracle's influence is confined to the HAQQ Wallet behavior and does not extend to other aspects of the network or Layer 1. Consequently, users who are not concerned with Shariah compliance can still interact with any smart contract deployed on the HAQQ Network using Metamask or other EVM-compatible wallets.

Value Proposition of the Shariah Oracle

The Shariah Oracle offers significant value by ensuring that all smart contracts interacting with the HAQQ Wallet are Shariah-compliant, aligning with Islamic principles and ethics. This feature appeals to Muslim users and ESG-driven investors who prioritize ethical investing practices. Moreover, it enhances the security of the HAQQ Network by mitigating common front-end attacks.

Technical Architecture of the Shariah Oracle

The Shariah Oracle follows a series of steps for both community and Shariah Board approval. The process involves proposal submission, voting, whitelisting or SBT issuance, Shariah board approval, and the possibility of revoking approval if projects deviate from prescribed guidelines.

Future Developments

The Shariah Oracle plans to introduce authorized Shariah auditors in the future to streamline the compliance process and promote decentralization. These auditors will help maintain a robust, inclusive, and regulated ecosystem. The Shariah Oracle is set to go live in Q3 2023.

Conclusion

The Shariah Oracle represents a remarkable fusion of blockchain technology, Islamic principles, and ethical investing standards. By ensuring only Shariah-compliant dApps are accessible via the HAQQ Wallet, it introduces ethical compliance to the digital finance ecosystem. Its two-tier approval system strengthens the network's security while upholding decentralization—a fundamental characteristic of blockchain systems.

Looking forward, the implementation of authorized Shariah auditors will further enhance the compliance process, fostering a more equitable and sustainable financial future. The upcoming launch of the Shariah Oracle in Q3 2023 marks a significant milestone at the intersection of modern finance and faith-based ethics, paving the way for a promising financial landscape.

#IslamicCoin #HAQQnetwork #crypto2023 #DeFi #IslamicFinance

We welcome our community to embark on the first wave of our learning challenges across the HAQQ Network and our partner platforms. Islamic Coin is centered on constant improvement, intertwining advanced tech and Islamic finance principles.

From its inception in 2022, we have aimed to fulfill our promise of sustainability, security, and adherence to Islamic financial norms. Our network's successful transition to a Proof of Stake consensus mechanism marks a major milestone toward these goals. Let's continue this voyage together.

What is the HAQQ Expedition?

This is a journey for users to explore the boundless potential of a Shariah-compliant blockchain network. The expedition includes challenges and opportunities to delve into the HAQQ ecosystem, earn points, and learn about our initiatives.

Why Join the Expedition?

The HAQQ Expedition is primarily about expanding the adoption and community of our network. This is a chance for the broader Web3 community to participate in the initiative of promoting ethical finance. Creating a more ethical and sustainable financial ecosystem is a collective effort.

Expedition Structure:

The Islamic Coin team will alternate between weeks of on-chain and off-chain activities, introducing challenges over the next few months on platforms like Galxe and Guild.xyz.

Why Participate?

The HAQQ Expedition is an opportunity to dive into ethical finance within the blockchain. Participants can engage in various "waves" or stages, undertake tasks, earn points, and strengthen their standing in the HAQQ community.

Your efforts significantly contribute to the growth of the HAQQ ecosystem and ethical finance in the blockchain space. You can also earn an opportunity to become an ambassador of Islamic Coin and gain roles that will give you extra perks and exclusive Guild PinS.

Stay tuned for more details on the campaign and rewards.

Islamic Coin & HAQQ Expedition Check-list:

Keep watching Islamic Coin channels, and don’t miss the challenges of the expedition 🔰

To give you an idea, here are some examples that will be qualified and contribute to the overall score:

Download and Сreate HAQQ Wallet: https://haqq.network/wallet

Off-Chain Activities:

Social Media Engagement:

Follow Islamic Coin and HAQQ on Twitter, Discord, Telegram Channel, Telegram Group Chat, Instagram, Galxe, Medium, and YouTube.

Like and retweet all our Twitter posts, react to all our Medium articles, and like our Instagram posts.

Maintain weekly engagement on Discord/Telegram with at least 50 meaningful messages (Spamming will not be tolerated).

Participation in Activities:

Join in weekly activities on the Islamic Coin Telegram group chat and Discord.

Take part in Islamic Coin activities on Galxe and Guild.

Ambassadorship and Loyalty:

Strive to become an Ambassador of Islamic Coin.

Join the ranks of the Islamic Coin Maxi: Add ‘$ISLM Maxi’ to your Twitter bio and (💚,🌙) to your Twitter name.

OATs and Guild Membership:

Accumulate and hold as many Islamic Coin OATs on Galxe as possible.

Join the Islamic Coin Guild on Guild.xyz.

Additional Resources:

Mint our articles on mirror.xyz.

[TestEdge2] On-Chain Activities:

Tokens and Transactions:

Claim your share of TestEdge2 $ISLM tokens using our faucets in Discord and Telegram.

Perform more than 10 transactions on the Testnet.

Stake any amount of $ISLM.

Network Participation:

Consider becoming a Validator of the HAQQ Network.

Participate in voting on governance proposals.

[Mainnet] On-Chain Activities:

Tokens and Transactions:

Claim your mainnet ISLM using our faucets in Discord and Telegram.

Perform more than 10 transactions on the Mainnet.

Islamic Coin is a native currency of Haqq, a community-run network dedicated to empowering an ethics-first Shariah-compliant financial ecosystem.

Find more:

In comments

#Crypto2023 #airdrop #Web3 #DeFi #IslamicCoin

Hello community

In this article, I will introduce you to Yield farming and, frankly, create competitors for myself by talking about liquidity pools and new projects, but I cannot but inform you about the new #HAQQ blockchain and the #IslamicCoin ecosystem as a whole, which will open the doors to the decentralized space and the world of #cryptocurrencies very soon, namely on September 1.
The information from the article will be useful to you because it can make you richer, and it will definitely make me richer because I believe in the possibilities of this project!

Intro to Yield Farming 🌱

Yield farming, often known as liquidity mining, is a strategic approach within the DeFi space where participants stake or provide liquidity to a protocol using their crypto assets, thereby generating returns. It's like cultivating a digital farm where instead of planting seeds, you're sowing crypto. Just as traditional farming requires careful planning and nurturing, yield farming demands strategic decisions to maximize returns.

How Does it Work? 🔍

Participants contribute liquidity to Decentralized Exchanges (DEXs). In return, they earn fees generated by trading activities, and in some cases, they also receive additional tokens as rewards. These fees are collected from users who swap tokens on the DEX. Think of it as tilling the digital soil to reap the benefits of a thriving ecosystem.

The success of yield farming depends on the quality of this "soil," which is essentially the reputation and value of the project's token. Just like fertile soil yields a rich harvest, a reputable project can yield profitable rewards for participants.

Why is it Popular? 🚀

The allure of yield farming lies in its potential for high returns. Participants have the opportunity to earn not only from transaction fees but also from governance tokens, adding another layer of potential profit. However, as with any endeavor, the higher rewards come with higher risks.

Potential Risks 🌦️

Similar to traditional farming, yield farming carries its share of uncertainties. Risks include the possibility of impermanent loss, vulnerabilities in smart contracts, and fluctuating yields due to market volatility. To navigate these challenges successfully, it's crucial to stay informed about the protocols you're engaging with.

Liquidity Pools 🌊

Central to the concept of yield farming is the notion of liquidity pools. These pools consist of tokens locked within smart contracts. Participants deposit equal amounts of two tokens into these pools, which are then utilized for trading purposes. In return, they receive LP tokens, representing their stake in the pool's assets.

Earning with LP Tokens 🎖️

Once participants have contributed to a liquidity pool, they can stake their LP tokens in a yield farming contract. This marks the beginning of the "farming" process, as these tokens accumulate rewards over time. It's akin to tending to a crop, nurturing it as it grows.

HAQQ's Ethical Perspective ⚖️

In the world of #DeFi , ethics play a significant role. While DeFi offers financial inclusivity, it's essential that strategies such as yield farming align with ethical principles. HAQQ is committed to ensuring that our DeFi strategies resonate with the moral values we hold dear.

Diversify & Research 📚

Just as diversification is crucial in traditional farming to manage risk, yield farmers should diversify their investments across different protocols. Placing all assets in one basket can amplify risks. Thorough research is also paramount, given the dynamic nature of the DeFi landscape.

The Future of Yield Farming 🌐

As the DeFi ecosystem matures, we anticipate yield farming to become more stable and user-friendly. We foresee clearer reward structures and reduced risks as protocols evolve. Moreover, sustainable sources of yield are expected to outshine inflationary yield in the long run, ensuring lasting success.

#Crypto2023

ISLM

Hello, everyone!

I don't know about you, but this is good news for me! The digital currency, which was still in the private sales stage, recently received significant support from venture capital funds and financial institutions ahead of its official public launch.

This was a long-awaited announcement that coincided with the good news that the Islamic Coin project has raised another $200 million in new funding! Institutional investors, including ABO Digital from Alpha Blue Ocean, as well as private investors, have contributed to the success of this project.

The total amount of funding for the #IslamicCoin project now exceeds $400 million, which puts it among the largest cryptocurrencies in history. This is a truly impressive achievement!

The partnership with the Sushi DeFi exchange also proved to be a key step in the project's path to a stock exchange listing. This cooperation provides it with access to liquidity, and investment in various assets, and also ensures the earning of tokens at the stage of liquidity mining. This will allow it to support the global community of this project and create innovative financial products that comply with Shariah principles.

This increased capital will be used to expand the project's ecosystem and develop the #HAQQ blockchain. Part of it will be used to launch global charitable initiatives through the #EvergreenDAO, as well as to create a global financial infrastructure based on Shariah principles and ethics.

These additions will strengthen the position of the Islamic Coin project as a global leader in #cryptocurrencies and #blockchain technologies based on Islamic principles. I invite you to join the community of this project and become part of this exciting journey into the world of Islamic cryptocurrencies!

The #IslamicCoin project is revolutionizing the intersection of Islamic principles and blockchain technology. let's introduce you to the brilliant minds steering this innovative ship! 👇

1️⃣ Hussein Mohammed Al Meeza: An illustrious banker with over 45 years of experience in Islamic banking, finance, and insurance sectors. He's a founding member of key entities and holds numerous positions of influence.

2️⃣ Mohammed AlKaff AlHashmi: A graduate in computer science and engineering, he's a tech expert in Industry 4.0, AI, machine learning, and more. He's the CEO of MCPM Holding and UI Ventures and co-founder of Islamic Coin.

3️⃣ Greg Gigliotti: A finance veteran with a history in managing billions for institutional clients. He's currently the CEO, CIO, and Founding Partner of Xtellus Advisors, LLC.

4️⃣ Peter J. Rafferty: A Chartered Financial Analyst with extensive experience in various executive roles, including Managing Director at Xtellus Advisors, LLC, and Senior Fund Manager at the Abu Dhabi Investment Authority.

5️⃣ Anish Mohammed: A security and cryptography expert with a PhD in Information Security. He's contributed to top Web3 projects and is a co-founder, Chief Scientist, and CTO of Panther Protocol.

6️⃣ Khamis Buharoon Al Shamsi: With over 35 years in global finance, he's held pivotal roles at institutions like the Central Bank of UAE and Abu Dhabi Islamic Bank. He's also a Chairman of the Abu Dhabi National Takaful Company Board of Directors.

7️⃣ Faris Ahmad Ramadhan Juma: A seasoned business strategist with a wide-ranging career, including senior positions at DU Telecom and Emaar Group. He's the Chief Business Development Officer of Islamic Coin.

8️⃣ Dr. Mohamed Bechari: A scholar known for combining religious and cultural elements for development. He's the Secretary General of the World Muslim Communities Council and has founded the Avicenna Institute.

9️⃣ Rachel Pether: A digital asset expert and CFA Charterholder. She's worked with Mubadala Investment Company and is an advisor to digital asset companies. She's also a host and author.

🔟 Arben Kane: A tech entrepreneur with two decades of experience. He's founded multiple companies and served in various tech leadership roles. He's also an angel investor.

1️⃣1️⃣ Obaid Helal Obaid Mohammed AL Kaabi: Holds senior positions in prominent UAE corporations and serves on the boards of various institutions in the Middle East.

1️⃣2️⃣ Jerad Finck: A blockchain and tech executive with extensive experience in the digital industry. He's also the CEO and Founder of Cosmic Wire, a blockchain technology company.

With such a diverse and accomplished team, Islamic Coin is poised for success. Stay tuned for the exciting journey ahead!

Islamic Coin, the native currency of HAQQ, a blockchain platform dedicated to creating a Shariah-compliant financial ecosystem, has recently entered into a memorandum of understanding (MoU) with CoinDesk Indices. This partnership aims to explore the development of Shariah-compliant cryptocurrency benchmarks tailored for the Middle East and North Africa markets.

Additionally, the collaboration seeks to enable the licensing of various CoinDesk Indices benchmarks for use in exchange-traded financial products. HAQQ, the blockchain platform housing Islamic Coin, will also gain access to CoinDesk Indices' API for selected digital assets, which will be utilized for its digital asset exchange.

The strategic alliance between Islamic Coin and CoinDesk Indices is expected to have a significant impact on the evolving landscape of Shariah-compliant digital financial services, given the forecasted growth of the global Islamic finance market. It is anticipated to exceed a staggering $3.69 trillion by 2024.

Mohammed AlKaff AlHashmi, the founder of Islamic Coin, expressed enthusiasm about the collaboration, stating, "With the global Islamic finance market forecasted to surpass $3.69 trillion by 2024, this collaboration is poised to reshape the landscape of Shariah-compliant digital financial services."

The collaboration signifies a pivotal step toward bridging the gap between the rapidly expanding cryptocurrency market and the principles of Islamic finance. By creating benchmarks that align with Shariah principles, Islamic Coin and CoinDesk Indices aim to provide a viable and compliant avenue for individuals and institutions in the Middle East and North Africa to participate in the burgeoning world of digital assets.

The synergy between HAQQ's commitment to Shariah compliance and CoinDesk Indices' expertise in crypto benchmarking is expected to contribute to the continued growth and acceptance of blockchain-based financial services within the Islamic finance ecosystem. This initiative not only supports the region's financial inclusion goals but also positions Islamic Coin and HAQQ as key players in shaping the future of Shariah-compliant digital finance.

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